Fe Balata
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febalata.bsky.social
Fe Balata
@febalata.bsky.social
Political economist and writer. Associate Fellow @neweconomics.bsky.social but views here are my own. 🌎🌍🌏
Kamal Ramburuth from the Institute for Economic Justice in South Africa, introducing the issue of debt repayments in Africa at the T20 Summit. See @neweconomics.bsky.social report with IEJ and other international partners neweconomics.org/2025/11/the-...
November 13, 2025 at 1:13 PM
Reposted by Fe Balata
The private sector has let our public services down again and again. So why do we assume the private sector is always the best person for the job? Because we don't value the expertise and competency of communities, says @francesnorthrop.bsky.social on the latest New Economics Podcast 🎙️
November 5, 2025 at 1:00 PM
Reposted by Fe Balata
NEW REPORT: As the G20 approaches its 20th summit, a new independent assessment finds it has failed to tackle inequality and deliver economic justice.

The report warns that the forum must do more than fight fires - it needs to reform a broken international system. 🧵1/7
November 10, 2025 at 11:20 AM
Im so excited to put out this analysis done in true collaborative spirit with amazing colleagues across orgs. On my way to Joburg to launch the report and hoping to find hope by surrounding myself with those who refuse to give in or give up the fight. 👊🏽
📘 The G20 at a Crossroads

By NEF (UK), the Institute for Economic Justice (South Africa), @ips-dc.org (US), Transforma (Brazil), and international NGO @cesr.bsky.social.

Read the full report: neweconomics.org/2025/11/the-... 7/7
The G20 at a crossroads
An independent assessment of the G20’s impact, and lessons for an equitable economic future
neweconomics.org
November 11, 2025 at 5:00 AM
Reposted by Fe Balata
Kick-starting #WBGMeetings w our @patrioticmillionaires.org CSPF event: Extreme wealth - How much is too much? A new measure for better economies, democracies and societies.

👉Wednesday, October 15th, 2025 @ 11-12:30pm DC in World Bank I Building 2-250
🖥️ Livestream: www.worldbank.org/en/events/20...
October 14, 2025 at 7:33 PM
Reposted by Fe Balata
5⃣ At the World Bank Annuals, @patrioticmillionaires.org member @abigaildisney.bsky.social joined a panel including @neweconomics.bsky.social's Fernanda Balata to discuss how we can measure extreme wealth.
October 16, 2025 at 2:44 PM
Reposted by Fe Balata
In this week’s Closer Look, we explore how timely and dangerous that threat has become and what world leaders must do to confront it. patrioticmillionaires.org/perspectives...
Extreme wealth is a global problem. We have global solutions.
patrioticmillionaires.org
October 19, 2025 at 9:48 PM
Reposted by Fe Balata
When we talk about extreme wealth inequality, we need to recognize that historically, great wealth has caused great pain in this country.

Massive wealth accumulation seems to be unable to separate itself from cruelty. @abigaildisney.bsky.social
October 15, 2025 at 4:08 PM
Reposted by Fe Balata
“I was born into wealth, and wealth just became more wealth. There is a thing as too much wealth, it’s bad for the world and it’s bad for those who own it, it’s alienating and morally corrosive." Abigail Disney at #IMFMeetings.

@patrioticmillionaires.org
@patmillsuk.bsky.social
October 15, 2025 at 3:35 PM
Reposted by Fe Balata
"Extreme wealth has been driving inflation in housing prices, distorting democracy, locking in carbon, and fueling cross border tax abuse. There are many negative spillovers of high wealth inequality" - Political Economist Fernanda Balata at #IMFMeetings.
October 15, 2025 at 3:48 PM
Reposted by Fe Balata
We are so grateful for members like @abigaildisney.bsky.social who are willing to share their experiences AND speak out about the extreme dangers extreme wealth poses to any society 💕
“I was born into wealth, and wealth just became more wealth. There is a thing as too much wealth, it’s bad for the world and it’s bad for those who own it, it’s alienating and morally corrosive." Abigail Disney at #IMFMeetings.

@patrioticmillionaires.org
@patmillsuk.bsky.social
October 15, 2025 at 3:38 PM
Reposted by Fe Balata
"One ethical reason for acknowledging that there is excessive wealth, is that its existence is starkly contrasted with the significant levels of poverty. As long as people live in extreme poverty, the presence of extreme wealth is morally unacceptable." - Nora Lustig at #IMFMeetings.
October 15, 2025 at 4:02 PM
Reposted by Fe Balata
@febalata.bsky.social is now stressing the heuristic value of the Extreme Wealth Line and the importance of maximally opening up the debate on this topic.
October 15, 2025 at 4:08 PM
Reposted by Fe Balata
Now @febalata.bsky.social on the reasons to focus not just on inequality, but specifically on the concentration of assets at the top. Fernanda is sharing the work that she (also within @neweconomics.bsky.social) and others in the extremewealthline.com have been doing.
Extreme Wealth Line
extremewealthline.com
October 15, 2025 at 3:26 PM
Here is the panel and link to tune in @neweconomics.bsky.social
📣 Join our panel on Common But Differentiated Responsibilities and the Role of the Ultra-Wealthy to explore global wealth taxes, inequality, and bold fiscal alternatives for a fairer, greener future. #ClimateForChange2025

📅 13–14 Oct - UNICAMP, Brazil & online 🔗 bit.ly/4jbO2zp
October 13, 2025 at 1:08 PM
Really excited to be in Campinas today for an important gathering of minds working for climate and tax justice. I will be moderating a panel later today on extreme wealth and equitable climate governance @neweconomics.bsky.social
⏰ It starts today! #ClimateForChange2025

Join activists, researchers & policymakers tackling #ClimateJustice through fair and progressive taxation.

👉Still time to sign up & watch live🔗https://bit.ly/4msXBLi

#COP30
October 13, 2025 at 1:07 PM
Reposted by Fe Balata
Close to 65k watching the livefeed from the Global Sumud Flotilla off the coast of Gaza.

Israel seems to be intercepting right now.

All eyes needed.

www.youtube.com/watch?v=uEN2...
24/7 LIVESTREAM OF GLOBAL SUMUD FLOTILLA
YouTube video by Global Sumud Flotilla
www.youtube.com
October 1, 2025 at 6:29 PM
Reposted by Fe Balata
Pls stop what you are doing and read this entire report on Israel's murder of journalist Anas al-Sharif and five colleagues in Gaza City.

"He characterized Israel’s threats as 'Silence or Death,' and he vowed not to be silent."

It ends with his final message. www.dropsitenews.com/p/anas-al-sh...
The Israeli Assassination of Journalist Anas al-Sharif and Five Colleagues in Gaza City
“We understand these are our last days.”
www.dropsitenews.com
August 11, 2025 at 9:19 PM
Here is another solution to stop the harms of extreme wealth in the UK. And with an upcoming Autumn Budget, Rachel Reeves and Keir Starmer can put it to action. We need a problem solving approach to UK policy. #extremewealth
Taxing banks’ windfall profits could bring in £11.3 billion 💰

…but Rachel Reeves & Keir Starmer are refusing to get out of bed with the banks and make it happen❗

Tell them to #TaxTheBanks today: bit.ly/TaxTheBanks
August 12, 2025 at 4:58 PM
The 2025 UK Autumn Budget is the perfect opportunity to launch an urgent new political mandate to make our institutions fit for purpose to fairly tax extreme wealth. shorturl.at/g7Fmi @neweconomics.bsky.social @icrict.bsky.social @taxjusticeuk.bsky.social @prospectunion.bsky.social
Starmer and Reeves should prepare UK for wealth tax, say top economists
PM could raise ‘tens of billions’ while positioning Britain as progressive, say Thomas Piketty and others
www.theguardian.com
August 8, 2025 at 8:13 PM
1/9 Democracy without justice is not democracy. My thread on Gaza, Santiago, Lula, global emergence - and why public pressure is working.
July 30, 2025 at 3:14 PM
TU @zarahsultana.bsky.social. “I didn’t get into politics to make peoples lives worse. I didn’t get into politics to be complicit in genocide. Im going to do everything I can to stop those things.” The kind of moral compass that sets apart true progressive political leadership ❤️ shorturl.at/TlZfd
EXCLUSIVE: Zarah Sultana's First Interview Since Resigning From The Labour Party
YouTube video by Novara Media
youtube.com
July 29, 2025 at 12:12 PM
My latest blog for @neweconomics.bsky.social on how a modern and fairer UK tax system must be directed at extreme wealth, not further squeeze workers’ salaries. neweconomics.org/2025/07/you-...
You can’t tax what you refuse to see
A modern and fairer tax system must be directed at extreme wealth, not further squeeze workers’ salaries
neweconomics.org
July 18, 2025 at 5:27 PM
Brilliant piece by @hollies.bsky.social @neweconomics.bsky.social debunking the 'big fat myth' of millionaires leaving the UK if political leaders pursue a fairer tax system for us all! A better, fairer, more resilient UK would be a magnet, not a discouragement, for the (right kind of) wealthy.
I wrote about tax wars, the scaremongering of fleeing millionaires, and non-doms. If you think the debate is toxic now, just wait until we need *real* tax reform...
The British “wealth exodus” is a big fat myth. Rachel Reeves is not responsible for chasing millionaires away from UK PLC. www.newstatesman.com/politi...
July 14, 2025 at 9:25 AM